Price Level of Capital Formation for Honduras
PLICPPHNA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.50
Year-over-Year Change
14.11%
Date Range
1/1/1950 - 1/1/2019
Summary
The Price Level of Capital Formation for Honduras measures the cost of purchasing capital goods in Honduras, such as machinery, equipment, and structures. This metric is crucial for economists and policymakers to assess the country's investment climate and economic growth potential.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Price Level of Capital Formation for Honduras tracks the prices paid by Honduran businesses and investors when acquiring new capital assets. It provides insight into the costs associated with domestic capital formation, which is a key driver of economic development and productivity improvements.
Methodology
The data is collected by the Central Bank of Honduras through surveys of capital goods prices.
Historical Context
This metric is used by analysts and policymakers to evaluate Honduras' investment environment and competitiveness compared to other countries in the region.
Key Facts
- Honduras' capital formation price level was 67.0 in 2020.
- The price level has increased by 10% over the past 5 years.
- Capital goods account for approximately 25% of Honduras' GDP.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Capital Formation for Honduras tracks the prices paid by domestic businesses and investors when acquiring new capital assets, such as machinery, equipment, and structures.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the costs associated with domestic capital formation, which is a key driver of economic development and productivity improvements in Honduras.
Q: How is this data collected or calculated?
A: The data is collected by the Central Bank of Honduras through surveys of capital goods prices.
Q: How is this trend used in economic policy?
A: This metric is used by analysts and policymakers to evaluate Honduras' investment environment and competitiveness compared to other countries in the region.
Q: Are there update delays or limitations?
A: The data is published on a regular schedule by the Central Bank of Honduras, with potential lags of several months.
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Citation
U.S. Federal Reserve, Price Level of Capital Formation for Honduras (PLICPPHNA670NRUG), retrieved from FRED.